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Extended warranty vendors
- Thread starter kmonroe99
- Start date
Aufgeblassen47
New member
Failures/problems occur with a "bathtub curve", whereby failures are high right away (like within the 1st few months), and then rapidly drop to very low. The other side of the bathtub, is when stuff actually wear out (i.e. YEARS later), and failures start occurring more rapidly. So once you make one year - should be no real worries! :2thumbs:
I'm still waiting for the other side of the curve of our 1998 Jetta TDI w/269,000 miles! EVERYTHING major is still ORIGINAL. Only the A/C compressor failed at 180,000 miles (we live in FL!)
If you find you have several failures (major expensive ones) that are occurring during the 1st year, as you approach the end of mfg. warranty, you "might" consider an extended warranty. If relatively problem free, a total waste of money, IMHO
I'm still waiting for the other side of the curve of our 1998 Jetta TDI w/269,000 miles! EVERYTHING major is still ORIGINAL. Only the A/C compressor failed at 180,000 miles (we live in FL!)
If you find you have several failures (major expensive ones) that are occurring during the 1st year, as you approach the end of mfg. warranty, you "might" consider an extended warranty. If relatively problem free, a total waste of money, IMHO
Look on the home page you will see I motor sports they sell BRP best plans.
Aufgeblassen47
New member
When we bought our brand new RV last Fall ($59,999), they tried to coerce us into buying a plethora of extended warranties. IF we took all of them, they would have totaled a whopping $7K!!!. We took ZERO of them. What a total rip-off! If we took it to their dealership, there was a $50 deductible. If we took it to one of their the handful of sister dealerships around the country, there was a $100 deductible. If were were stranded hundreds of mile from any of them, we were SOL!!!
Aufgeblassen47
New member
Yeah, and it take one win putting down $10,000 in Las Vegas to win $10,000,000. If your a gambling person, I guess it seems logical!
Odds of having a problem costing MORE than the cost of insurance is very low. That's HOW they make money! Betting on the 99% of policies never having claims higher than the premium.
So you cannot afford a highly unlikely out-of-pocket expense?
Tslepebull
Active member
The actuaries have done the math and will not sell you an "insurance/warranty" plan where their long term probability of paying is higher than your cost.
Aufgeblassen47
New member
I did not get insurance for my Riker (or my former Slingshot) either. NONE at all.
Highwayman2013
New member
We had one on our 2012 RT, we well exceeded the amount we paid for the warranty with repairs. We also got it on our 2016 F3L. Sometimes it's for peace of mind.
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